Annual report pursuant to Section 13 and 15(d)

Commitments and contingencies

v3.22.2.2
Commitments and contingencies
12 Months Ended
Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Commitments and contingencies
12. Commitments and contingencies
Contract commitments
The Company enters into contracts in the normal course of business with third-party contract research organizations, contract development and manufacturing organizations and other service providers and vendors. These contracts generally provide for termination on notice and, therefore, are cancellable contracts and not considered contractual obligations and commitments.
Contingencies
From time to time, the Company may become subject to claims and litigation arising in the ordinary course of business. The Company is not a party to any material legal proceedings, nor is it aware of any material pending or threatened litigation.
There are no contingent liabilities as of June 30, 2022 and 2021, respectively. See Note 9 above for lease commitments.